Fact sheet: TR Property IT plc

Fund information
Fund name
TR Property Investment Trust plc
Fund manager company
Thames River Capital (UK)
Fund type
Investment Trust
Fund managers
  • Marcus Phayre-Mudgesince 30/09/2004
Accolades
Fund objective
The investment objective of the trust is to maximise total returns by investing in Pan European equities and UK direct property, focusing on long term capital and income growth.
Benchmark
  • FTSE EPRA/NAREIT Capped Total Return GBP
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-3.9%
1 Year rank in sector
1/1
Sector
IT Property - Securities
Yield
3.3%
Fund size
£886m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
115
Mid price
278.9
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
329.2
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-12.97
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
118
Top in this sector
Fund name1 Year
TR Property IT plc-3.9%
...more in IT Property - Securities

Performance snapshot

Holdings snapshot

  • UK39.2%
    Germany22.9%
    France16.9%
    Sweden8.9%
    Spain6.1%
  • Retail33.5%
    Offices - Property30.3%
    Residential - Property28.2%
    Industrials12.6%
    Others7.7%
  • International Equities71.2%
    UK Equities32.3%
    Property8.8%
    Global Fixed Interest-12.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.5%-10.6%-3.8%-3.9%35.7%118.7%
Sector-3.5%-10.6%-3.8%1.2%29.3%95.3%
Rank within sector1 / 11 / 11 / 11 / 11 / 11 / 1
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund-4.5%8.8%29.3%35.7%30.9%
Sector-1.5%9.2%21.5%15.9%37.7%
Rank within sector1 / 11 / 11 / 11 / 11 / 1
Quartile
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
2.59
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.96
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.56
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
14.51
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
6.72
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.3
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.78
Price movement
52 week high321
52 week low241.7
Current bid price277
Current offer price277.5
Current mid price278.9
Region
1UK39.2%
2Germany22.9%
3France16.9%
4Sweden8.9%
5Spain6.1%
6Switzerland3.8%
7Austria2.5%
8Italy2.4%
9Europe2%
Industry sector
1Retail33.5%
2Offices - Property30.3%
3Residential - Property28.2%
4Industrials12.6%
5Others7.7%
6Debt-12.3%
Asset type
1International Equities71.2%
2UK Equities32.3%
3Property8.8%
4Global Fixed Interest-12.3%
Individual holdings
1UNIBAIL-RODAMCO10.4%
2LAND SECURITIES GROUP PLC7.6%
3VONOVIA SE7%
4LEG IMMOBILIEN AG6.2%
5KLEPIERRE5.4%
6FONCIERE DES REGIONS3.1%
7BUWOG AG2.7%
8DEUTSCHE WOHNEN AG2.6%
9HISPANIA ACTIVOS INMOBILIARIOS SAU2.5%
Management
Fund manager group
No data available.
Fund manager company
Thames River Capital (UK)
Fund type
Investment Trust
Fund objective
The investment objective of the trust is to maximise total returns by investing in Pan European equities and UK direct property, focusing on long term capital and income growth.
Benchmark
  • FTSE EPRA/NAREIT Capped Total Return GBP
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Marcus Phayre-Mudge30/09/2004Marcus is a fund manager in the property equities team. He joined Thames River Capital (now part of BMO Global Asset Management) in October 2004 from Henderson Global Investors, initially managing the direct property portfolio within TR Property Investment Trust and latterly managing a number of UK and pan-European real estate equity funds, including the Henderson Horizon Pan European Property Securities Fund. Prior to joining Henderson, Marcus was an investment surveyor at Knight Frank and was made an associate partner in the fund management division. He qualified as a chartered surveyor in 1992 and has a BSc (Hons) in Land Management from Reading University.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
TR Property Investment Trust plc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price327.2
CurrencyGBX
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJER
TR Property Investment Trust plc NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price289.7
CurrencyGBX
Price updated30/03/2007
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTU65
TR Property Investment Trust plc Wts
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price47625
Offer price48062.5
Mid price47843.75
CurrencyGBX
Price updated05/01/2015
Type-
Institutional or retail classRetail
Domicile-
Citi code03A2
Data provided by

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